261 N ROOSEVELT Avenue 101, Chandler, AZ 85226
$6,200,000
Property Type:
Comm/Industry Sale
Square Footage:
25,927
Lot Size (sq. ft.):
89,690
Status:
Closed
Current Price:
$6,200,000
List Date:
1/19/2019
Last Modified:
6/09/2025
Description
great medical billing facility available. Serious inquiries only.
More Information MLS# 5870475
Contract Info
Ownership: Fee Simple
Current Price: $6,200,000
Sold Price: $6,200,000
Status: Closed
List Date: 2018-12-19
Location, Tax & Legal
Unit #: 101
Assessor's Map #: 68
Legal Description (Abbrev): LOT 1 SOUTHPARK BUSINESS CENTER 1 MCR 047611
Assessor's Parcel #: 952
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Census Tract: 810400
Taxes: 29440
Legal: LOT 1 SOUTHPARK BUSINESS CENTER 1 MCR 047611
Map Code/Grid: T36
House Number: 261
Compass: N
Street Name: ROOSEVELT
St Suffix: Avenue
City/Town Code: Chandler
State/Province: AZ
Zip Code: 85226
Zip4: 2617
County Code: Maricopa
Subdivision: SOUTHPARK BUSINESS CENTER 1
Assessor Number: 301-68-952
Tax Year: 2018
General Property Description
Ttl Apx SqFt Bldg: 25927
Ttl Apx Net Rnt Spc: 1000
# of Buildings: 1
Uncvrd Parking Spcs: 30
Year Built: 1998
Zoning: I-1
Legal Info
Range: 4E
Section: 28
Township: 1S
Lot Number: 1
Construction
Block: 1
Roofing
Foam: 1
Floors
Concrete: 1
Vinyl: 1
Ceramic Tile: 1
Carpet: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 29440
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Status Update
Multiple Offers Recd: 1
Building Type
Commercial: 1
Industrial: 1
Office: 1
Business Type
Dental: 1
Medical: 1
Professional/Office: 1
Warehouse: 1
Stories
1 Story: 1
Pmt & Rate Info
Down Payment: 0
Equity: 6800000
Total Owed: 0
Assessment Balance: 0
Ceiling Height
8.1 Feet to 10 Feet: 1
10.1 Feet to 12 Feet: 1
Heating
Electric: 1
Cooling
Central Air: 1
Interior Features
Finished: 1
Fire Sprinklers: 1
Alarm System: 1
Private Restrooms: 1
Loading Facilities
None: 1
Road Surface Type
Asphalt: 1
Exterior
Landscaping: 1
Source of Fincl Data
Other (See Remarks): 1
Traffic Count
Other (See Remarks): 1
Fencing
None: 1
Water Source
City Franchise: 1
Building Features
Other (See Remarks): 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Parking Lot: 1
Paved: 1
Other: 1
Electric
SRP: 1
Gas
None: 1
New Financing
Cash Only: 1
Cash to Loan: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan
Treat as Free&Clear: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Other (See Remarks): 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Clsing Cost Split: Buyer - B
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 0
Seller Concession $/%: $
Remarks Misc
Cross Street: Chandler Blvd and Kyrene Road
Directions: Chandler blvd, north on Roosevelt to building
Geo Lat: 33.307304
Geo Lon: -111.950895
Status Change Info
Off Market Date: 2019-01-18
Under Contract Date: 2018-12-20
Close of Escrow Date: 2019-01-18
Sold Price: $6,200,000
Property Features
Building Type: Commercial; Industrial; Office
Business Type: Dental; Medical; Professional/Office; Warehouse
Stories: 1 Story
Construction: Block
Roofing: Foam
Floors: Concrete; Vinyl; Ceramic Tile; Carpet
Ceiling Height: 8.1 Feet to 10 Feet; 10.1 Feet to 12 Feet
Cooling: Central Air
Loading Facilities: None
Interior Features: Finished; Fire Sprinklers; Alarm System; Private Restrooms
Exterior: Landscaping
Fencing: None
Building Features: Other (See Remarks)
Parking Features: Free; Parking Lot; Paved; Other
Electric: SRP
Gas: None
Water Source: City Franchise
Sewer: Sewer - Public
New Financing: Cash Only; Cash to Loan; 1031 Exchange
Status Update: Multiple Offers Recd
Source of Fincl Data: Other (See Remarks)
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan: Treat as Free&Clear
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Other (See Remarks)
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
Road Surface Type: Asphalt
Traffic Count: Other (See Remarks)
Environmental: None
Listing Office: Midland Real Estate Alliance
Last Updated: June - 09 - 2025
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